Yttrium Price Reaches Record $850/kg Following China's Export Controls

The price of yttrium has increased approximately 140 times due to China's new export controls introduced in early 2025. As of the latest reports, the European price for yttrium, which serves as an external benchmark, has reached a record high of $850 per kilogram. This dramatic rise reflects the growing demand for yttrium in various applications, particularly in electronics and defense.